Returns
13.15%
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Fundamentals
Large Cap
Financial - Banking
Market Cap (Cr)
225.38
Earning Per Share
13.77
Dividend Yield
4.01%
P/E Ratio
14.49
P/B Ratio
2.12
Debt to Equity
0.02
Performance
min-value
max-value
Open
56,601.30
52-wk High
75,250.00
High
56,601.30
52-wk Low
75,250.00
Low
56,601.30
Band
75,250.00
Lower Circuit
56,601.30
Upper Circuit
75,250.00
Volume
56,601.30
VWAP
75,250.00
52 Week Performance
min-value
max-value

5.34% down side
up side5.34%

About the company
Founded in 1972 as Lakhanpal National, Matsushita Lakhanpal Battery India Ltd (MLBIL) is a joint venture between Matsushita Electric Industrial Corporation, Japan - makers of the world famous National and Panasonic products and the late D D Lakhanpal. The company commenced production of dry cell batteries, employing aluminium chloride technology. The company's collaborators Matsushita Electric Industrial Corporation and Matsushita Electric Battery, together hold the majority stake of 51% in the company. The company's Novino and Sumo range of batteries enjoy a strong brand image in the large and pencil segments. In early 1989, the company expanded its capacity by setting up another plant at a cost of Rs 16 cr, which went on stream in Aug.'89.